{"id":63770,"date":"2017-08-15T20:59:53","date_gmt":"2017-08-15T13:59:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-greed-has-reached-new-heights-look-at-the-newham-tax-racket-faiza-shaheen\/"},"modified":"2017-08-15T21:10:36","modified_gmt":"2017-08-15T14:10:36","slug":"housing-greed-has-reached-new-heights-look-at-the-newham-tax-racket-faiza-shaheen","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-greed-has-reached-new-heights-look-at-the-newham-tax-racket-faiza-shaheen\/","title":{"rendered":"Housing greed has reached new heights. Look at the Newham tax racket | Faiza Shaheen"},"content":{"rendered":"


\nThirty years of bad policy have encouraged house hoarding, avarice and the massive accumulation of wealth \u2013 to the detriment of the rest of societyAnother housing scam has been uncovered. Up to 13,000 landlords, almost half of a total of 27,000 in the London borough of Newham alone have failed to declare their rental income. Scaling this figure up to the London level, unpaid tax is costing the public purse nearly \u00a3200m. Who\u2019s surprised? From the global elite leaving properties empty to rogue landlords and the hideous Grenfell Tower fire \u2013 our housing system has come to represent all that is wrong with free-market capitalism. But we shouldn\u2019t kid ourselves that this new finding is a simple reminder that our housing system is flawed. It\u2019s far worse \u2013 levels of house hoarding alongside this added reluctance to pay tax shows that housing greed has reached new heights. Related: Half of landlords in one London borough fail to declare rental income Continue reading…
\n
\nSource : theguardian.com
\nRead more…Housing greed has reached new heights. Look at the Newham tax racket | Faiza Shaheen<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Thirty years of bad policy have encouraged house hoarding, avarice and the massive accumulation of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-63770","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-gAy","jetpack-related-posts":[{"id":63570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/half-of-landlords-in-one-london-borough-fail-to-declare-rental-income\/","url_meta":{"origin":63770,"position":0},"title":"Half of landlords in one London borough fail to declare rental income","date":"August 13, 2017","format":false,"excerpt":"\r Newham council says HMRC maybe losing \u00a3200m a year in London alone after finding half of its 27,000 landlords failed to register for self-assessmentUp to 13,000 landlords in just one London borough have been identified as failing to declare their rental income, prompting estimates that unpaid tax in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/newham-landlords-face-first-mandatory-licensing-scheme\/","url_meta":{"origin":63770,"position":1},"title":"Newham landlords face first mandatory licensing scheme","date":"September 29, 2011","format":false,"excerpt":"\r Landlords will be required to show they are 'fit and proper' and that anti-social behaviour will be effectively managedLandlords who rent out properties privately in a borough in east London could be the first in the country to face mandatory licensing under new proposals.Newham Council has started a 10-week\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sajid-javid-should-give-councils-free-reign-to-tackle-rogue-landlords-robin-wales-john-healey\/","url_meta":{"origin":63770,"position":2},"title":"Sajid Javid should give councils free reign to tackle rogue landlords | Robin Wales & John Healey","date":"September 19, 2017","format":false,"excerpt":"\r In Newham, the council\u2019s licensing scheme for private landlords has uncovered abuses and exploitation. So why isn\u2019t the government interested?Sir Robin Wales is mayor of Newham and John Healey is shadow secretary of state for housingA mother with a baby charged \u00a3350 a month in rent for living in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-real-tory-chancellor-wouldnt-persecute-buy-to-let-landlords-simon-jenkins\/","url_meta":{"origin":63770,"position":3},"title":"A real Tory chancellor wouldn\u2019t persecute buy-to-let landlords | Simon Jenkins","date":"April 1, 2016","format":false,"excerpt":"\r Of course there are racketeers and slum landlords, but going after all landlords is an oddly un-Tory move that won\u2019t help \u2013 or free up any under-used spaceIs George Osborne really a Tory? This week his previous grovelling before communist China over steel tariffs has returned to haunt him.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140369,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-space-rogue-landlords-double-income-by-ignoring-overcrowding-rules\/","url_meta":{"origin":63770,"position":4},"title":"\u2018There\u2019s no space\u2019: rogue landlords double income by ignoring overcrowding rules","date":"November 19, 2023","format":false,"excerpt":"\r Local authorities lack funding to track landlords who take advantage of desperate tenants priced out of the conventional rental market A small, nervous-looking woman in a leopard-skin print dressing gown opens the door to two council housing officers. Behind her stands a young boy in a primary school uniform.\u201cWe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bad-landlords-beware-there-is-now-a-way-for-tenants-to-fight-back-penny-anderson\/","url_meta":{"origin":63770,"position":5},"title":"Bad landlords beware, there is now a way for tenants to fight back | Penny Anderson","date":"August 24, 2017","format":false,"excerpt":"\r Britain\u2019s rentiers get away with appalling behaviour, often making tenants pay for the privilege. But now tenants can rate them online, and redress the balance of powerIt doesn\u2019t matter how bad landlords are, they seem get away with it. If they persistently rent out rooms transformed from sunny spaces\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63770"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=63770"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63770\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=63770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=63770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=63770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}